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Oct 25, 2012
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that is a lot of money even in washington. i believe when you hear the left talking about this issue and the right talking about this issue, that probably speak to the future a little bit because there's something there. i wouldn't bet for or against it. i never bet on politics but feels like there's something there. dennis: appreciate you being with us. good day. everyday is the election we debate the issues that matter. next up tomorrow we debate possibly the biggest issue, the economy with jefferies managing director and jeff cleveland, senior economist. don't miss it at noon eastern tomorrow. tracy: metal and energy washington contract all over the map. let's go to the cme in chicago where jeff flock is standing by with winners and losers. pretty volatile today. jeff: you hit the nail on the head. all over the map we are in the eurodollars future which is pretty noisy. take a look at the winners thus far. look at gasoline futures, a 25 -- not with in 25 years has there been a losing streak like this. we have a bounce today
that is a lot of money even in washington. i believe when you hear the left talking about this issue and the right talking about this issue, that probably speak to the future a little bit because there's something there. i wouldn't bet for or against it. i never bet on politics but feels like there's something there. dennis: appreciate you being with us. good day. everyday is the election we debate the issues that matter. next up tomorrow we debate possibly the biggest issue, the economy with...
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Oct 29, 2012
10/12
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here right now from the streets of washington is rich@. rich: much of that throughout the federal government today. the metro system is closed. the subway system. the busing system closed today. there have been power outages. president obama back at the white house, earlier than he at expected. at 12:45 p.m. we expect to hear from president obama. we will also hear from fema. they are waiting to see what happens. fema has moved water bottles and blankets all up and down the east coast. right now it is a matter of where will the storm hit and how hard is it going to hit? they are waiting and trying to figure out where all of this will happen. back to you. dagen: thank you so much for that. sandy already closing markets and delaying earnings reports and good even close to jobs report on friday. however, what would happen if that did happen. connell: art laffer joins us now. the statement about 45 minutes ago came from the census bureau. they said there was no decision as they put it on delaying the jobs report on friday. we both said we thin
here right now from the streets of washington is rich@. rich: much of that throughout the federal government today. the metro system is closed. the subway system. the busing system closed today. there have been power outages. president obama back at the white house, earlier than he at expected. at 12:45 p.m. we expect to hear from president obama. we will also hear from fema. they are waiting to see what happens. fema has moved water bottles and blankets all up and down the east coast. right...
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Oct 30, 2012
10/12
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washington dc is about ready to open again. limited metro service, bus and subway service around 2:00 o'clock this afternoon. they expect to have regular service tomorrow. no announcement on the federal government and if it will be open tomorrow, but part of the decision that goes into that is whether or not people can get to work. metro being open full-scale tomorrow certainly helps play into that. we are looking at the government jobs report that is supposed to be out friday. part of the reason there was speculation yesterday is that they would push that report offf government workers to calculate those numbers would not be in the office. well, if they are tomorrow, it makes a better case for that. of course, yesterday, the bureau of labor statistics said they intend on releasing those jobs numbers on this friday. as for the white house, president obama canceled his campaign events. he was supposed to go to ohio. three days the president will be canceling his campaign tour. we are not sure as to whether or not that romney wil
washington dc is about ready to open again. limited metro service, bus and subway service around 2:00 o'clock this afternoon. they expect to have regular service tomorrow. no announcement on the federal government and if it will be open tomorrow, but part of the decision that goes into that is whether or not people can get to work. metro being open full-scale tomorrow certainly helps play into that. we are looking at the government jobs report that is supposed to be out friday. part of the...
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Oct 31, 2012
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in washington d.c. the metro returned to normal weekday schedule for the first week following sandy. that is your fox news minute. connell: thank you very much. breaking news on the restoration of power since the storm. at the peak after sandy there were 8.2 million customers in different states had no power. the new number, 6.2 million without power. we're making progress slowly but surely. two million customers got their power back and bring the whole thing down state-by-state but just to give you an idea in new york there are 164,000 customers who had their power restored since the storm hit. new jersey where have the state doesn't have power 575,000 customers have had power restored. this is how is going to be and we see it in new york with the bus running and other things and the power slowly but surely digging ourselves out. dagen: almost four million people -- connell: a long way to go. dagen: speaking of trying to get going hurricane sandy leaving thousands stranded at airports around the countr
in washington d.c. the metro returned to normal weekday schedule for the first week following sandy. that is your fox news minute. connell: thank you very much. breaking news on the restoration of power since the storm. at the peak after sandy there were 8.2 million customers in different states had no power. the new number, 6.2 million without power. we're making progress slowly but surely. two million customers got their power back and bring the whole thing down state-by-state but just to...
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Oct 12, 2012
10/12
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washington research joins us now. in the end, is this debate going to be the thing that makes the difference? >> absolutely not. by the end of today we will not even be talking about the debate. we'll be talking forward to next week's presidential debate. dennis: is one reason biden may have seemed to win the debate because he did not have a major gaffe and we were waiting and wondering for it? >> you can say that about all sides. they played to their base, trying to declare victory, neither one of them move the needle with independent voters. they got what they needed to do, play the bass, not make any big mistakes, hand the ball off the number one guy. dennis: is a draw in essence a victory for the romney side because paul ryan was three years old when joe biden began serving and paul ryan managed to match him. >> this is why i think it is a neck victory for the romney campaign because the momentum is on their side after the last presidential debate, that did not stop last night. it keeps going. i don't think it gat
washington research joins us now. in the end, is this debate going to be the thing that makes the difference? >> absolutely not. by the end of today we will not even be talking about the debate. we'll be talking forward to next week's presidential debate. dennis: is one reason biden may have seemed to win the debate because he did not have a major gaffe and we were waiting and wondering for it? >> you can say that about all sides. they played to their base, trying to declare...
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Oct 23, 2012
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the next guest says don't let washington off the hook either. james leventhal at leventhal asset management. 245, is this overdone? >> i don't think it's overdone, but not preaching ends of days either. a basic problem, that revenue growth is to be expected when you think that gdp is as tepid as it is globally. talking the developed world would be excited to have 2% gdp growth. it's hard to get revenue growth faster than gdp growth and we've probably reached the speed limit as far as revenues are growing, margins are high and you know that earnings have probably gone as far as they're going to go and whether it's caterpillar or any number of companies, that are reported so far, they are basically saying look out the first half of the year is flat earnings. >> year to date. s&p 500 was up 14% until recently, so what changed? >> what changed? >> what changed is the market evidenced by 14% return on the s&p 500 was thinking that the economic slowdown was 1/4 in length. what we've been preaching for a couple of weeks, the slowdown is probably about
the next guest says don't let washington off the hook either. james leventhal at leventhal asset management. 245, is this overdone? >> i don't think it's overdone, but not preaching ends of days either. a basic problem, that revenue growth is to be expected when you think that gdp is as tepid as it is globally. talking the developed world would be excited to have 2% gdp growth. it's hard to get revenue growth faster than gdp growth and we've probably reached the speed limit as far as...
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Oct 17, 2012
10/12
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here's what is rolling in washington. in 75 days we will hit the fiscal cliff and among the very real threats to investors, a tax hike on dividends. january 1 dividend tax rate could jump from 50% to over 43%. new jersey energy company paid out a dividend for 105 years, fearing the tax hike will ride them of investments. great to have you back, caroline. >> thank you for having me back. cheryl: what is the company going to do if this tax goes through? would you scale back or dividends and d and to a bad bak instead? >> thank you for the chance to be on and chat about this a little bit. we're spending a lot of time helping folks understand in washington and helping our investors understand how important this issue is to all of us. the rates going up from 15% now to as high as 33% depending on your income is a real hit for our investors, many of whom are individuals, retirees, former employees of the company: many reside in new jersey. cheryl: that is 40% of your shareholders depending on that dividend. speaker that is defi
here's what is rolling in washington. in 75 days we will hit the fiscal cliff and among the very real threats to investors, a tax hike on dividends. january 1 dividend tax rate could jump from 50% to over 43%. new jersey energy company paid out a dividend for 105 years, fearing the tax hike will ride them of investments. great to have you back, caroline. >> thank you for having me back. cheryl: what is the company going to do if this tax goes through? would you scale back or dividends and...
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Oct 19, 2012
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blame washington, everybody. a new study shows aliens of jobs have been lost because of the uncertainty caused by our lawmakers down in d.c. wayne rogers is really fired up about it. connell: we were talking about this a little bit earlier. are the chinese really so concerned about mitt romney they would personally strengthen their currency ahead of the election? here is some of the winners on the s&p 500 today. up stocks on a down day. we will be right back. ♪ bob... oh, hey alex. just picking up some, brochures, posters copies of my accptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banrs. i took my son fishing every year. we haa
blame washington, everybody. a new study shows aliens of jobs have been lost because of the uncertainty caused by our lawmakers down in d.c. wayne rogers is really fired up about it. connell: we were talking about this a little bit earlier. are the chinese really so concerned about mitt romney they would personally strengthen their currency ahead of the election? here is some of the winners on the s&p 500 today. up stocks on a down day. we will be right back. ♪ bob... oh, hey alex. just...
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Oct 24, 2012
10/12
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he is the only guy doing anything in washington, d.c. congress hasn't done anything with the fiscal cliff if it wasn't for bernanke, we would be doomed. >> you should just go ahead and marry him. it makes no sense. cheryl: i want to move the conversation forward if we can. the market where we are today, a nice boost yesterday but here's the problem. companies are still telling us they are afraid to hire, the demand is not there. whether the fed has done anything, what should we do to fix it? >> all we can do is get a new administration in there. iget somebody who understands unless you get the deficits under control, entrepreneur and businesses are not ones to leverage up and will not grow. you better get the tax rate down and continue to make the country strong unlike what has been happening the last four years. you need and not newer, not a community organizer. hopefully that will happen soon. cheryl: governor romney says if he's elected he would get rid of ben bernanke. that is hardly a vote of confidence. >> i will agree with mark on
he is the only guy doing anything in washington, d.c. congress hasn't done anything with the fiscal cliff if it wasn't for bernanke, we would be doomed. >> you should just go ahead and marry him. it makes no sense. cheryl: i want to move the conversation forward if we can. the market where we are today, a nice boost yesterday but here's the problem. companies are still telling us they are afraid to hire, the demand is not there. whether the fed has done anything, what should we do to fix...
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Oct 29, 2012
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peter barnes is in washington with the latest on that. peter. >> we're in the briefing room in the white house. we're in the middle of a political campaign, the race for the presidency and the president deciding this morning to skip a campaign in florida to get back here to the white house. he also canceled a campaign event in wisconsin scheduled for tomorrow. the white house said he wanted to be here to stay on top of hurricane sandy and to direct the federal response. he met with his homeland security team here at the white house this morning in the situation room. afterwards briefed reporters who asked him if he was concerned that the storm might have any impact on next week's election? >> i am not worried at this point about the impact on the election. i'm worried about the impact on families and i'm worried about the impact on our first-responders. i'm worried about the impact on our economy and on transportation. the election will take care of itself next week. >> his opponent, governor mitt romney canceling the rest of his campaign
peter barnes is in washington with the latest on that. peter. >> we're in the briefing room in the white house. we're in the middle of a political campaign, the race for the presidency and the president deciding this morning to skip a campaign in florida to get back here to the white house. he also canceled a campaign event in wisconsin scheduled for tomorrow. the white house said he wanted to be here to stay on top of hurricane sandy and to direct the federal response. he met with his...
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Oct 22, 2012
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peter barnes in washington with more. peter? >> hey, ashley. one of those companies that filed for bankruptcy last week was a solar power company that got some government backing. the name of it is satcon in boston. it is the latest of these solar companies to go bust. the list includes obviously the infamous solyndra which left taxpayers on the hook for 500 million as you just mentioned. satcon was approved for $3 million in energy department grants. it only got 200,000 of that cash. the solar industry is going a major shakeout and consolidation and may barely survive even with the government's help. it has been brutalized in previous years by competition, oversupply and china which continues to invest heavily in solar. >> we're going through a consolidation as an industry very similar to what most industries go through. the auto industry went through it in the '20s, where you had 4 or 500 manufacturers and it dropped down to 10 or 15. >> a green tech research firm, gtm research, sees another 180 solar panel plants going out of business or bei
peter barnes in washington with more. peter? >> hey, ashley. one of those companies that filed for bankruptcy last week was a solar power company that got some government backing. the name of it is satcon in boston. it is the latest of these solar companies to go bust. the list includes obviously the infamous solyndra which left taxpayers on the hook for 500 million as you just mentioned. satcon was approved for $3 million in energy department grants. it only got 200,000 of that cash. the...
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Oct 11, 2012
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peter barnes with a breaking news from washington. peter: we have been asking on capitol hill if anybody wanted to hold hearings on this issue and look into this. the unemployment rate went down unexpectedly in september from 8.1% to 7.8%. a lot of economists saying it must have been some statistical fluke were something and called into question the labor department's methodology for collecting the data and calculating the unemployment rate. now the top republican, the chairman of the house oversight and government reform committee darrell issa says he wants to hold hearings into the matter. take a listen. >> we very much intend to work every day through the november and december time to get these kinds of things done. we think that is a non-partisan time and this is an issue where our committee has important jurisdiction to make sure we get it right. peter: he was talking to greta van suss turn about this and darrell issa is worried about the constant revisions in the unemployment numbers, significant revisions as he says that he say
peter barnes with a breaking news from washington. peter: we have been asking on capitol hill if anybody wanted to hold hearings on this issue and look into this. the unemployment rate went down unexpectedly in september from 8.1% to 7.8%. a lot of economists saying it must have been some statistical fluke were something and called into question the labor department's methodology for collecting the data and calculating the unemployment rate. now the top republican, the chairman of the house...
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Oct 31, 2012
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the president's first trip out of washington since he hit. he came down jet way and is walking across the tarmac and looks like he is with chris christie, governor of new jersey who has positive things to say about president. ashley: seemed complementary of how the president's handled the storms and the response to it. those two gentlemen will be getting a firsthand view of the damage done and expecting comments from both of those as soon as we get them, we will of course bring them to you live. melissa: rich edson is in washington on top of the story with more on this. rich: the president should be there for the next few hours. he is in the tristate area, n.y. new jersey, connecticut declared major disasters. state and local governments for certain assistance from the federal government. if you need temporary housing or business loan, things of that nature are all freed up. just got this from the white house, fema is going door-to-door, people might need assistance at the coast guard and taking the lead to identify hazardous floodwaters. not
the president's first trip out of washington since he hit. he came down jet way and is walking across the tarmac and looks like he is with chris christie, governor of new jersey who has positive things to say about president. ashley: seemed complementary of how the president's handled the storms and the response to it. those two gentlemen will be getting a firsthand view of the damage done and expecting comments from both of those as soon as we get them, we will of course bring them to you...
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Oct 18, 2012
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that is big debate going on in washington, d.c.. lori: troops parensy will help in terms of understanding how big the government spending is. >> the debate, republicans hate the poor or government not doing enough for the poor. i it is more than a trillion dollars and 1/5 of the federal budget but 4% under jfk, wait we knee a rethink how much we spend under wealth fair. health reform, 15 million more could come to medicaid. those numbers are probably set to rise. lori: thank you, emac. melissa: thanks so much. coming up tonight on "money", john allison joins me from cato to see how safe the market is 25 years after the black market crash. kind of appropriate day for that. we might ask him for the google thing as well. murray energy ceo, robert murray will discuss which candidates are friend or foe of the coal industry. that is 5:00 p.m. eastern on fox business. lori: you made a great point about the google doodle. how will they handle it from a pr perspective? much more on the google issue today, let's call it the google debacle. le
that is big debate going on in washington, d.c.. lori: troops parensy will help in terms of understanding how big the government spending is. >> the debate, republicans hate the poor or government not doing enough for the poor. i it is more than a trillion dollars and 1/5 of the federal budget but 4% under jfk, wait we knee a rethink how much we spend under wealth fair. health reform, 15 million more could come to medicaid. those numbers are probably set to rise. lori: thank you, emac....
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to most recently in washington state. they are recalling products that are sold at trader joe's, target and even costco. dennis: a new earning season. the biggest batch of ipos in month. sandra smith has the details. sandra: odds of initial public offerings. this will be the biggest week for ipos number wise. nine companies will be making their debut. here is a look at just a few of them's. the cloud -based technology company. the second company shutter stock. this is an online stock photographer. also a residential real estate firm. some of which you probably recognize, century 21 and coldwell banker. those are a few of the ipos this week. we will also get a look whether the rally will continue with a look at some of these big names. obviously, the aluminum giant alcoa, kicks things off. it is later in the week when things heat up. jpmorgan chase, which, by the way has bounced back 20%. this will give investors a good look. wells fargo, this will give us a look at the traditional banking world. wells fargo shares of 35%
to most recently in washington state. they are recalling products that are sold at trader joe's, target and even costco. dennis: a new earning season. the biggest batch of ipos in month. sandra smith has the details. sandra: odds of initial public offerings. this will be the biggest week for ipos number wise. nine companies will be making their debut. here is a look at just a few of them's. the cloud -based technology company. the second company shutter stock. this is an online stock...
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Oct 26, 2012
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professor john taylor talks about things in washington. more on sandy, that storm and potentially billions in damage that could be done up and down the east coast. first, let's take a look at the oil market. oil is down this morning. still down below $86 a barrel. ♪ [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. dagen: quarter past the hour. stocks now and every 15 minutes. nicole has two different companies. nicole: let's take a look at these companies. you can take a look at the long-term charts and short chart. it has been under pressure late yesterday since they came out with their numbers. we are seeing it with a down arrow today
professor john taylor talks about things in washington. more on sandy, that storm and potentially billions in damage that could be done up and down the east coast. first, let's take a look at the oil market. oil is down this morning. still down below $86 a barrel. ♪ [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company...
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we'll talk to liz claman live in washington coming up. stay with us. ñ
we'll talk to liz claman live in washington coming up. stay with us. ñ
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Oct 25, 2012
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whether this has any impact in washington, d.c. remains to be seen. tracy: they clearly don't want us to go over the cliff and we're looking more and more that we're gon that. >> what reallied them was the debt ceiling fight last year. tracy: liz macdonald, thank you very much. a good story. ashley: thank you, liz. two days after launching its mini ipad apple is set to release fourth quarter earnings after the bell today. brian white, senior analyst for topeka capital markets is astounding price target, astounding. he joins us right now. i can't set you up without the price target? >> 1111 based on 19 times next year number and net cash per share over $120. apple has grown 86% a year over the past seven years. this year alone we're modeling 6% eps growth. ashley: at over 600 bucks it is way undervalued in your opinion? >> way undervalued. tracy: what gets you there? revenue from china? revenue from iphone 5 and mini? >> there is lot of excitement. iphone is half of revenue. when you look at this iphone 5 launch the only negative has been they can't ma
whether this has any impact in washington, d.c. remains to be seen. tracy: they clearly don't want us to go over the cliff and we're looking more and more that we're gon that. >> what reallied them was the debt ceiling fight last year. tracy: liz macdonald, thank you very much. a good story. ashley: thank you, liz. two days after launching its mini ipad apple is set to release fourth quarter earnings after the bell today. brian white, senior analyst for topeka capital markets is...
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Oct 22, 2012
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it is hard to believe that washington would take that away. our test case is we do see some type of compromise between the election and january 1. connell: thank you, peter. >> great. thank you. dagen: money back in your pockets because gas prices are dropping. connell: they put a for-sale sign up in the rose garden. how much would the white house be worth? kind of fun to play around with the numbers. we will have an answer to that question. let's take a look at oil. we are just below $90 a barrel. ♪ dagen: it is -- well, how many second? connell: three-to-one. dagen: stocks now. we are trying to keep it real. nicole: i better hurry up. stocks now on the fox business network. when you talk about color and bold, it turns out they were down 22%. they sell revenue to client. they also saw a big drop in gold production. overall, this is what you are seeing this .down to present. it was said that output in the year ahead may be better. somehow, that did not give anyone a boost. it is down $0.86 right now. connell: thank you very much. some relief
it is hard to believe that washington would take that away. our test case is we do see some type of compromise between the election and january 1. connell: thank you, peter. >> great. thank you. dagen: money back in your pockets because gas prices are dropping. connell: they put a for-sale sign up in the rose garden. how much would the white house be worth? kind of fun to play around with the numbers. we will have an answer to that question. let's take a look at oil. we are just below $90...
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dagen: beijing in washington at odds the second time this week. today china's solar panel industry is well under the hot lamps. connell: they are. rich edson on the story for us and joins us now from the latest from d.c. rich: the administration may hit chinese solar panels with major tariffs this week. congress department expected to confirm that tomorrow. the united states is stepping up its investigation claiming chinese government is heavily subsidizing green energy. also investigating chinese wind towers several other chinese imparts. -- imports. the u.s. says it wants to level the field. one attorney says we have little standing there. >> the biggest problem is the fact that we spend billions of dollars per year on taxpayer subsidies to american solar panel manufacturers. and other manufacturers of green energy. so not only do we come off looking like hypocrites, but also it exposesist exporters to -- it exposes u.s. exporters from retaliation from the chinese government. rich: this election year democrats and republicans who focused on chin
dagen: beijing in washington at odds the second time this week. today china's solar panel industry is well under the hot lamps. connell: they are. rich edson on the story for us and joins us now from the latest from d.c. rich: the administration may hit chinese solar panels with major tariffs this week. congress department expected to confirm that tomorrow. the united states is stepping up its investigation claiming chinese government is heavily subsidizing green energy. also investigating...
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Oct 26, 2012
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they see what is going on in washington. they see what is going on in the fiscal environment, regulations and taxes they're nervous. we need to find a way to get businesses less nervous and back to spending and hiring. melissa: if you are trying to spin this in a positive direction you would say gdp expanded in the previous quarter no matter how modest it was. it was one and change and bumped up to two. that is step in the right direction or how would you respond to that? >> i would. we're growing. we're adding jobs. the unemployment rate has come down. it is not satisfactory. we're not growing at the pace we need to create jobs to reduce the unemployment rate. so it is growing. it is just not good enough. melissa: the economy is expanding at 2%, how much could that possibly from a quantitative easing point of view, how much could that possibly lift this unemployment rate or lower the rate, lift the number of people finding jobs? >> thatt is consistent with low 100 thousands of jobs per month and very small, very schragish d
they see what is going on in washington. they see what is going on in the fiscal environment, regulations and taxes they're nervous. we need to find a way to get businesses less nervous and back to spending and hiring. melissa: if you are trying to spin this in a positive direction you would say gdp expanded in the previous quarter no matter how modest it was. it was one and change and bumped up to two. that is step in the right direction or how would you respond to that? >> i would....
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rich edson is in washington with more on this story. this was one of the big talking point last night for sure. >> yes, it really was. he is leaving most of the details of to congress. predicting what it would actually do. here is what we do know, romney reduces taxes by cutting marginal rates by 20%. repealing the amt. the tax policy center says all that means is tax cuts of $480 billion in the year 2015. the obama campaign will divide that by ten and there is a $5 trillion tax cut figure over the next decade the president repeatedly cited during the debate. that is misleading. romney says he raises the full cost. he raises money elsewhere. personal exemptions and healthcare provision -- congress could presume economic growth from lower tax rates need more tax revenues to the treasury. economic growth means romney's plan works. >> it grows the economy so much. about 7.4% in the long run. over ten years. this revenue problem becomes much smaller. >> others like the tax policy center and the congressional budget office do not use overall
rich edson is in washington with more on this story. this was one of the big talking point last night for sure. >> yes, it really was. he is leaving most of the details of to congress. predicting what it would actually do. here is what we do know, romney reduces taxes by cutting marginal rates by 20%. repealing the amt. the tax policy center says all that means is tax cuts of $480 billion in the year 2015. the obama campaign will divide that by ten and there is a $5 trillion tax cut...
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Oct 18, 2012
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he joins us now from washington, d.c. what will move the needle the most? >> i think, you know, right now with the pulling the way it is, with romney having some momentum, you are not looking at that national averages, you are looking at the swing states. let's look at where they are spending their ad money right now. that is basically colorado, iowa and nevada did they are spending money like there is no limit to money in order to win voters in those states. the average has obama up by two. wisconsin looks to be back in play for romney, as well. dagen: the average is very close. like four tenths of a percentage point in favor of mr. romney. the overall. dagen: with this last debate to basically take back my last question that connell stole from me, the final debate being about foreign policy, this is a real wild card. it is not either one of these candidates strongest suit. will people even be interested in watching it so much as they were the first to conduct i look at it as a strong political present. it is taking place in florida. more so focused on wha
he joins us now from washington, d.c. what will move the needle the most? >> i think, you know, right now with the pulling the way it is, with romney having some momentum, you are not looking at that national averages, you are looking at the swing states. let's look at where they are spending their ad money right now. that is basically colorado, iowa and nevada did they are spending money like there is no limit to money in order to win voters in those states. the average has obama up by...
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Oct 23, 2012
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most importantly are we going to get washington to work together following the election? look at the world today and if you look at businesses that have a lot of corporate cash and strong balance sheets, retail investors today have a lot on the sidelines, risk-free assets. if we could get washington to get the maligned in the short-term and the long-term, we need to reduce the deficit on the long-term, get rid of some of the uncertainty on the repertory side. u.s. economy will grow faster than most people think. melissa: i had a number of different strangers ask me this weekend randomly what do you think is going to happen to the market after the election? will it go up no matter what? you laugh, but this is what a lot of people are wondering. what do you think about it? that? on you begin to answer that? >> the results will already be in the market by the time the election becomes obvious. i'm not sure it will matter as as people think this may change people's sentiment, which is important and which could be positive. i do believe, i mean this sincerely, i'm actually opt
most importantly are we going to get washington to work together following the election? look at the world today and if you look at businesses that have a lot of corporate cash and strong balance sheets, retail investors today have a lot on the sidelines, risk-free assets. if we could get washington to get the maligned in the short-term and the long-term, we need to reduce the deficit on the long-term, get rid of some of the uncertainty on the repertory side. u.s. economy will grow faster than...
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Oct 16, 2012
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rich edson is in washington with more, rich. >> there is much less expensive talking urinal cakes. 10 grand spent in michigan to fight drunk driving and offer a novel lavatory experience. senator tom coburn's released the government "wastebook". star was day at massachusetts public library and played puzzles and took photos with favorite characters. audit program designed to find overpayments in medicaid cost more than it saves. purdue university use ad $350,000 grant to study golf. when they envision a larger target they play better. coburn says his own state spends half a million dollars to keep open a airport averaging one flight a month. those in 30s who drink heavily are immature. winners according to our panel of judges, robosquirrel. researchers in california spent part of a 300 thou grant on this creepy little fellow, a dead squirrel with robot parts all this to determine what a robosquirrel does when encountered with a state. this festival with zombie yoga, and visualization to empower the player emotionally. that means back to you. right. melisss: i think robosquirrel was th
rich edson is in washington with more, rich. >> there is much less expensive talking urinal cakes. 10 grand spent in michigan to fight drunk driving and offer a novel lavatory experience. senator tom coburn's released the government "wastebook". star was day at massachusetts public library and played puzzles and took photos with favorite characters. audit program designed to find overpayments in medicaid cost more than it saves. purdue university use ad $350,000 grant to study...
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rich edson has details from washington. rich, this is kind of scary. >> tracy the report says americans should avoid business with wawa technology and cmte corp. and they manufacture hand-sets for verizon, t-mobile and others because analysts say they could be looking to poach u.s. data. >> our advice to the private sector is this. your obligation is consider larger data protection and national security implications of your business decisions and we would not advise doing business with these two companies. >> the house intelligence committee report says industry experts and current and former huaw. ei employees say they in particular could be violating u.s. laws. it fails to prove any wrongdoing but will refer cases to the fbi and justice department. in response, huawaei says despite our best effort the committee seems to have a predetermined outcome t employers many rumors and speculation that proves nonexistent accusations. this report is a high-profile and strong recommendation. it says, treasury's committee on foreign i
rich edson has details from washington. rich, this is kind of scary. >> tracy the report says americans should avoid business with wawa technology and cmte corp. and they manufacture hand-sets for verizon, t-mobile and others because analysts say they could be looking to poach u.s. data. >> our advice to the private sector is this. your obligation is consider larger data protection and national security implications of your business decisions and we would not advise doing business...
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for more on this we are joined by fort washington's chief investment officer. i am glad you are here with us because no one has a crystal ball on this but angela merkel visited greece today. is a good sign for greece or bad? >> definitely a good sign. think where we were three months ago when the fear was a greek that would repudiate austerity and greece was out and markets were at the low. kiss and make up time. angela merkel isn't going to be going to greece with bad news. if she had bad news she would have stayed in germany. what she is doing is playing to the german audience saying it is time we do support the greek government which will undertake the necessary austerity measures. greece stays in the euro zone? >> for the time being. tracy: spain is going to need a big bailout. are they going to ask for it? >> just a matter of time. my thought process is the following. the major development to me mitigates the risk of a financial meltdown when mario draghi was able to negotiate the ability for the european central bank to buy spanish italian bonds in the se
for more on this we are joined by fort washington's chief investment officer. i am glad you are here with us because no one has a crystal ball on this but angela merkel visited greece today. is a good sign for greece or bad? >> definitely a good sign. think where we were three months ago when the fear was a greek that would repudiate austerity and greece was out and markets were at the low. kiss and make up time. angela merkel isn't going to be going to greece with bad news. if she had...
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Oct 16, 2012
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the latest on board in washington coming up next. ♪ dagen: oklahoma senator releasing his annual waste book. here is a hit list, $1 million spent on developing recipes that could be served on mars. $335,000 on a robotic squirrel to discover why snakes do not attack once that wake their tails. fifty grand on smokey the bear. bolan owns, by the way. and of course, the biggest waste of the year, congress. connell: that makes sense. dagen: a robotic squirrel. connell: johnson and johnson beating the street today with their third-quarter reports. dagen: sandra smith has that in today's trade. sandra: if you take a look at the dow, we are right near the highs. take a look at johnson and johnson shares. they are near the highs of the session. stronger than expected results raised the 2012 outlook. drug sales were strong in the u.s. it got more competitive with the generic drug sales. that being said, this is the other big buzz right now. a stock that is up about 14% right now. profits were up about 23%. i will have a look ahead at ibm and intel. dagen and connell. connell: busy day here. we w
the latest on board in washington coming up next. ♪ dagen: oklahoma senator releasing his annual waste book. here is a hit list, $1 million spent on developing recipes that could be served on mars. $335,000 on a robotic squirrel to discover why snakes do not attack once that wake their tails. fifty grand on smokey the bear. bolan owns, by the way. and of course, the biggest waste of the year, congress. connell: that makes sense. dagen: a robotic squirrel. connell: johnson and johnson beating...
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Oct 11, 2012
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. >> a lot of action in washington, d.c. on this story. henry waxman, ed marquee and richard blumenthal are all saying we need a federal crackdown on what is going on with these pharmacies that mix and re-mix drugs behind the scenes and sell them across state lines. 55,000 pharmacies across the country, half of them do what's called compounding, recombine drugs and mix them and sell them across state lines. governor patrick of massachusetts is out saying this specialty pharmacy that is behind this meningitis outbreak was doing just that. it was operating outside of its state license. so how the we say henry waxman and other congressmen demanding congressional probes and a hearing. and blumenthal sent a letter to fda saying there should be federal oversight because they are manufacturing and producing drugs without fda oversight. the fda only oversees the ingredients of drugs. but now this could be a fight that could head to the u.s. supreme court because the states regulate pharmacies, not the federal government, and there's something call
. >> a lot of action in washington, d.c. on this story. henry waxman, ed marquee and richard blumenthal are all saying we need a federal crackdown on what is going on with these pharmacies that mix and re-mix drugs behind the scenes and sell them across state lines. 55,000 pharmacies across the country, half of them do what's called compounding, recombine drugs and mix them and sell them across state lines. governor patrick of massachusetts is out saying this specialty pharmacy that is...
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i think the success of the washington team and i want to say here and now that i have been following them since 2005. not just because they are having a good year. been through a lot of pain as they have improved over time. i think, you know, i think what they have done is they have looked to the future. even when they were really bad, they were trying to hire, scouts, you know, sign young players. they try to look toward the future. i think that is what our economy is all about. we need to think about where we will be. make sure our kids are educated so they are able to contribute to a strong economy. we have to make sure we are doing the right investment we need to have a strong economy. a future orientation, not always looking backwards. i think it is an important thing for economic oc makers to think about as well. >> so, a lot of questions about the dollar. i guess the best way to some of these questions would be, what are your concerns about the value of the dollar and maybe related to have the various quantitative easing effort at some point, was a drive down the value of the
i think the success of the washington team and i want to say here and now that i have been following them since 2005. not just because they are having a good year. been through a lot of pain as they have improved over time. i think, you know, i think what they have done is they have looked to the future. even when they were really bad, they were trying to hire, scouts, you know, sign young players. they try to look toward the future. i think that is what our economy is all about. we need to...
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Oct 15, 2012
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if you look at the latest battleground state poll out from politico and george washington university, governor romney taking a slight lead in these key states over president obama. senior advisor to the romney campaign is joining us now. one state that stands out to you in the way it's moved since the first debate? >> well, i think you've seen key states like florida, virginia and ohio obviously three key critical states. i'm in virginia. i'm in the statehouse there. we've seen all of them move. what we have seen more importantly is sort of an enthusiasm level. i do a lot of retail politicking in virginia i was out door knocking on saturday. out with the phone banks and talking the people who are doing that every day. we have been seeing a real surge of enthusiasm and people turning out getting their friends, having new people come to events. this week we have paul ryan who is going to be in virginia tomorrow and then mitt romney will be there on wednesday. of course you've seen them in ohio and florida also. i think you see the crowd size is increasing. you know, people really are ge
if you look at the latest battleground state poll out from politico and george washington university, governor romney taking a slight lead in these key states over president obama. senior advisor to the romney campaign is joining us now. one state that stands out to you in the way it's moved since the first debate? >> well, i think you've seen key states like florida, virginia and ohio obviously three key critical states. i'm in virginia. i'm in the statehouse there. we've seen all of...
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rich edson in washington with a closer look at the numbers. rich? >> ashley, a tale of two different surveys. one of employers saying they hired 114,000, not quite enough to even keep up with population growth. in the second the government contacts householdings. that survey shows 873,000 more folks said they were employed last month, bringing unemployment rate down from 8.1%, to 7.8%. about two third of that total were part-timers looking for a full-time job. still president obama at a rally in virginia ran with the headlines. >> this morning we found out that the unemployment rate has fallen to its lowest level since i took office. [cheers and applause] more americans entered the workforce, more people are getting jobs. >> so republicans no longer have their talking point of more than 40 straight months with unemployment more than 8%. governor romney farther south in virginia this morning says this still does not constitute a recovery, promising he is the only candidate who can bring one. >> if the same share of people participating in the workfor
rich edson in washington with a closer look at the numbers. rich? >> ashley, a tale of two different surveys. one of employers saying they hired 114,000, not quite enough to even keep up with population growth. in the second the government contacts householdings. that survey shows 873,000 more folks said they were employed last month, bringing unemployment rate down from 8.1%, to 7.8%. about two third of that total were part-timers looking for a full-time job. still president obama at a...
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Oct 15, 2012
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electric grid to crash and if you don't do what we say, we will have the electric grid in san diego, washington and san diego crash. melissa: where does this go next and how we protect ourselves? >> is not so hard to make offensive weapons, it is very hard to defend against. that is where we are now. trying to figure out how would you defend not just the military defending against a cyber attack. we don't know, and it will not be that easy to do. melissa: thank you so much. lori: some challenges ahead on that front. melissa: absolutely. lori: oil prices back near the $90 mark. still historically high compared to where we have been in perspective. is there any substantial relief in sight? we will find out what the traders are saying. melissa: the post office gets much-needed help from the election. but first, look at how metals are doing today as we head out to break. there you go, more gold, silver and copper. we will be right back. lori: be struggling post office getting a temporarily two temporary bailout. melissa: what a relief. lori: filling mailboxes across the country post offices bringin
electric grid to crash and if you don't do what we say, we will have the electric grid in san diego, washington and san diego crash. melissa: where does this go next and how we protect ourselves? >> is not so hard to make offensive weapons, it is very hard to defend against. that is where we are now. trying to figure out how would you defend not just the military defending against a cyber attack. we don't know, and it will not be that easy to do. melissa: thank you so much. lori: some...
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Oct 30, 2012
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washington, baltimore, philly, boston having continuing airport problems and cancellations, la guardia, kennedy, because those are destination points, people can't get in or out. airlines canceled another 700 flights for tomorrow. the waiting list of long and cancellations, call centers are overwhelmed. exports say passengers are being booked on flights 0 weeks from today. >> the problem is there may not be any planes in the airport. airlines remove their planes in order to protect them from the storm and they have to be flown back and get crews in place as well. >> because these delays are weather-related you have to keep the hotel bill and i got off the phone with amtrak with 750,000 passengers delayed because of the northeast corridor. they are inspecting the lines and will let us know two hours from now about service on amtrak on the eastern seaboard. ashley: it will take awhile to figure this out. thank you so much. some new video coming in, president obama meeting with red cross volunteers. imagine the red cross is extremely busy and driven thousand people, twenty thousand meals
washington, baltimore, philly, boston having continuing airport problems and cancellations, la guardia, kennedy, because those are destination points, people can't get in or out. airlines canceled another 700 flights for tomorrow. the waiting list of long and cancellations, call centers are overwhelmed. exports say passengers are being booked on flights 0 weeks from today. >> the problem is there may not be any planes in the airport. airlines remove their planes in order to protect them...
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leadership in washington that will actually bring people together and get the job done and could not care less if it's a republican or a democrat, i've done it before. i'll do it again. connell: that was mitt romney. our first guest on the program today is congressman charlie rangel, democrat from new york. great to see you. everybody is asking this question in all seriousness, what happened to the president last night? >> i walked on the street this morning, people think i talk with the president on a regular basis, hey congressman, what happened? hey charlie, what happened last night? connell: we have another question congressman, what happened to your microphone? hold on a second. now it is back on. >> everyone is asking that same basic question, what happened? he certainly was not on his game. he certainly wasn't prepared for a guy that had no regard for the facts, but really took charge. what mitt romney has done many politicians have done. when you're not in charge of the facts, just take over. we have an expression in law school, when you don't have the facts or the law with y
leadership in washington that will actually bring people together and get the job done and could not care less if it's a republican or a democrat, i've done it before. i'll do it again. connell: that was mitt romney. our first guest on the program today is congressman charlie rangel, democrat from new york. great to see you. everybody is asking this question in all seriousness, what happened to the president last night? >> i walked on the street this morning, people think i talk with the...
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Oct 12, 2012
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the washington nationals squeeze you had the out a victory with a game-winning homer in the bottom of the 9th to set up tonight's showdown. that are business headlines of fox business network. i got excited about my sports read i will work for espn right now. lori: you're so talented you could pull anything off. great stuff. ashley: he is spend would love you. move on to banks why don't we? shares of jpmorgan and wells fargo tumbling today. take a look as you can see both in the red. wells fargo down 3%. jpmorgan down 1 1/3. that is despite both banks reporting record profit thanks to gains in mortgage lending. here to break down the numb gers, numbers, paul miller, with fbr capital markets. let's start with jpmorgan, a certainly strong headline number but as you look into this let's start with the positives. what do you like about jpmorgan's earnings? >> there is not a lot of negatives in jpmorgan's earnings. there are a lot of positives. they handily beat numbers and beat across the board pretty much on every line item. mortgage bank as you mentioned was very strong. the balance she
the washington nationals squeeze you had the out a victory with a game-winning homer in the bottom of the 9th to set up tonight's showdown. that are business headlines of fox business network. i got excited about my sports read i will work for espn right now. lori: you're so talented you could pull anything off. great stuff. ashley: he is spend would love you. move on to banks why don't we? shares of jpmorgan and wells fargo tumbling today. take a look as you can see both in the red. wells...
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Oct 24, 2012
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we are seeing weaker revenue giving the uncertainty, those in washington are somewhat more cautious with allocation of fundss but what we are seeing at the big offsets to to that are higher margins driving earnings and raises across the companies. lori: who is in the best shape from investor perspective? >> we are recommending raytheon which reports tomorrow morning. what we like is raytheon is not a prime contraator so it has less headline risk to specific program platform cuts for ships and planes. it is more of a tear one supplier of tires and electronics. that end of the value chain is more resilience, a fairly attractive and has a high percentage of international business, the highest among the piers. lori: what technology is most in demand? >> something we call c 4 i s r, appellates and electronic surveillance reconnaissance computers communications, anything that has to do with getting data and information to the war fighter. lori: your research points to a romney victory as being more beneficial to the defense and aerospace sector. i you putting out two different outlooks or wait
we are seeing weaker revenue giving the uncertainty, those in washington are somewhat more cautious with allocation of fundss but what we are seeing at the big offsets to to that are higher margins driving earnings and raises across the companies. lori: who is in the best shape from investor perspective? >> we are recommending raytheon which reports tomorrow morning. what we like is raytheon is not a prime contraator so it has less headline risk to specific program platform cuts for ships...